Electric flying car that takes off vertically could be future of transport

The once fanciful concept of flying cars appears to be a step closer to reality, after a German company completed successful test flights of a “flying taxi”.Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennström, said the planned five-seater jet, which will be capable ...

....The resignation of Geoghegan, who had only been at Rentokil since June last year, was announced by the company in a two-sentence statement on Monday. Geoghegan, who was on the board of BAE Systems from 2000 to 2007 and worked as joint chief operating officer, has held a string of senior executive roles at Airbus and BAE since starting in the aerospace industry in the 1970s. ...

. Airbus, Europe’s largest aerospace multinational, has launched an internal investigation into possible corruption after the Guardian uncovered a series of questionable financial transactions resulting in an unexplained payment. ...